J P Morgan Chase & Co Analysts Give Innogy (IGY) a €33.00 Price Target

J P Morgan Chase & Co set a €33.00 ($39.29) target price on Innogy (ETR:IGY) in a report published on Thursday. The brokerage currently has a neutral rating on the stock.

IGY has been the topic of a number of other reports. Kepler Capital Markets set a €35.00 ($41.67) price target on Innogy and gave the stock a neutral rating in a research note on Friday, December 15th. Goldman Sachs Group set a €42.00 ($50.00) price target on Innogy and gave the stock a buy rating in a research note on Thursday, September 21st. Bank of America set a €38.20 ($45.48) price target on Innogy and gave the stock a buy rating in a research note on Friday, September 8th. Barclays set a €34.00 ($40.48) price target on Innogy and gave the stock a sell rating in a research note on Wednesday, November 8th. Finally, Morgan Stanley set a €32.50 ($38.69) price target on Innogy and gave the stock a sell rating in a research note on Tuesday, November 14th. Three investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of €36.05 ($42.92).

Shares of Innogy (IGY) opened at €32.55 ($38.75) on Thursday. Innogy has a 52 week low of €30.82 ($36.69) and a 52 week high of €42.68 ($50.81). The stock has a market capitalization of $18,080.00 and a PE ratio of 15.65.

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Innogy Company Profile

innogy SE operates as an energy company in Europe. It primarily operates through three segments: Grid & Infrastructure, Renewables, and Retail. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a length of approximately 574,000 kilometers serving approximately 16 million power and 7 million gas customers.

Analyst Recommendations for Innogy (ETR:IGY)

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